NOTICE
THE HONGKONG &
FAUNATT FERRY
CO., LTD.
Notice to Shareholders
NOTICE
15 HEREBY GIVEN that the Board of Directors have resolved to make an offer to members whe
on the 16th day of
October, 1960, are the regir-
THE CHINA MAIL, THURSDAY, SEPTEMBER 1, 1900, *****
London stocks COMMODITY PRICES Wall Street
Wall Street registers
close on the quiet side
London, Aug. 31.
tered holders of the 604,000 Stock markets gave an uninspiring performance
jasued shares of the Company
of 252,000 unissued ordinary
shares of the Company of the nominal value of $10 each at pur (such nominal
today and generally closed with small irregular movements.
Girl
RUBBER
SUGAR
Mixed Contract
Oci.
Das.
Mar
May
July
NEW YORK Rex rubber futures closing prices, all in cents per 1b.:
Beul.
36.11
Nov.
34.20
Jan.
Mar.
$2.75
May
2.45
July
Sept
NEW YORK Closing pricus all in eenis per Hb.:
Contract No. 4. (world) ·
Henke
Barclay's Bank" "a" pid ord-60s | CC7755
per
51
Chartered Bank--Me Ed. Hongkong c
port**
No: 1 theps.
054-06-
Mar
Lloyd's Bank AB P. National & Crindlaya
No. 1 Des
B12-081.
Isasik--37M
No. 2 Sept.
AT-01:
July...
ad-
No. 3 Sept.
Spot-FAS Con
were
Werttuisier Non-Cumiantive-42.
1216 No. 4 Sept.
130-94
80-80 107-1083
Contract No,
(domestic)
Nov. Jun.
on
0.00
Mer
Spot-ICIT. NY, ux-duty)
3.
6.06
Total Sules: 40 contraria. Open interest: 85 contracta-UPI,
The latest industrial produc- valuction gures, the dvernight east-
Wal
Street and the being payable in full upon ness cit application on or before the closing of the Berlin frontier were responsible for an unverz 31st day of December, 1900)tain opening.
securities so that each member of the Company or his approved very quiet with most prices un- ehuisgod. The Success of the County Ini Surray nominee shall be entitled to 12 apply for and take up one issue had no effect.
for! unissued ordinary share every two of the sald 604,000 issued shares then held by such member. The shares se Recepted, offered shall, if
19
Bank "A"
Insurance Valen Insurance Canton- £54.
Aircraft and Motorr
Ord-10s Malor Corp. British Ford Motor Co 10tjet. Hawker Sicdeles Group Ord-30s Rutts Bayer Ltd Ord-its 715 Rootes "A"--10. Standard Trianph Bernational
SINGAPORE
prices all in "Straits Closing
Sept. Ib. Lob. Malayan öel Jan.
Spя be bad... Blocket crepe No. 1 pale crepe ............ LONDON Closing.prices all in pence per
16.:
No. Rex spot 28 29
Settlement house term:
The fall on Wall Street helped to deprcus American favourites, notably Unilevers, which fet 2/-
154/-. Other
Sept. industriala to closed on a mixed note after u very erratic day.
Insurmee and banking shores rank for dividends us from were mixed but hire-purchase. the 1st day of January, 196stance Issues fell on Lombard's (but not so as to entitle them pront warning.
Breweries
Dalers Co-43.
South African Breweries 24 34. Buliding Materials Associated
Portland Caines-70N
Goodto Wall Leat Ori-40
Oils moved within narrow) to partleipate in any dividend finits and where changed eased declared in respect of the a few pence,
Stores rilled well with Wool- your ending 31st December, werths marked up 1/9 to 78/-) 1960) and in all other respeels Marks and Spencers rose i to, with the
Issue 887-, ` present
"Gold shares opened with re-us 6. ordinary shares of the Comnewed firmness but ttle fresh
7150. 1730! developed buying closed enixed.
pany.
No fraellonal certificates shall be issued, but the shares representing fractions shall be allotted to a trustee to be nominated by the Directors upon trust for sale on such conditions as they consider and expedient
the nul (less, the proceeds of sale
of $10 for euch amount share payable on acceptance) shall be distributed propor- those tionately amongst
merabers who would other wise be entitled to such frue. 1ona and thereof.
งง satisfaction
The offer will be made buy
notice sent by post to each
sharehvider specifying the
they
Tins were easier and copper, rubbers and teas dull-UPI,
Closing prices
Brill £00-3/10
Conse! 2-£40-7/10. Console 40+15/LE, Converaisin Lonn £50%
Oledged Bonds
Transport 3, 1078/8-
Funding Funding
Loan
** 1955/65-EB-I
זון
351-- 5
3 195/6
Stuck T. AN-
4. BINKIKK
1960/70-78-10 Savings a Sayings 3. 13/75--27-3/10.
NY sugar market
New York, Aug. 31.
number of shares to which World No. 4 sugar futures to-
not
each shareholder is entitled Bad Kuch
if offer, accepted either on behalf of; such member or his nominee, un or before the 31st day of December, 1960, will deemed to be declined and the Directors will dispose of the sald issued ordinary shares as they think fit.
be
NOTICE IS ALSO HEREBY GIVEN that an Extraordinary ; General Meeting of the Com- pany will be beld at the Cum- pany's Offices, Jordan Road
Pler, Ferry
Kowloon,
15th Saturday the
day of October, 1960, at 12.30 p.p. for the purpose of consider. ing, and if thought fit, paYA- Ing the following Resolution As an Ordinary Itesolution:-
**That it is desirable to capitalise the
of MUITI $2,520,000.00 being part.
day closed unclunged to two points higher on sales of 74 contracts,
Dumystic No. 6 sugar futures higher to un- Anished a point changed on a total of 48 sales. Both inarkets were quiet all
off WAKTU day. Sixt poultions
-the early in the session after Issuance of eight world delivery notices but firmed later when the notices were finally stopped
UPI.
Exchange rates
Bushes
lucht In the way dune exchange Markel $z unofficial mering at the following rutex:
DU
U.S. dostar per $1) Sterling notes per
4.GU
15312
Singapore (Siraits)
Australion otra iper £! Indonesian rupitali tee 100)... Sin ticals per 1081
12.64
24.40
NOTICE
THE HONGKONG & YAUMATI FERRY
of the undivided profits
of the Company standing
CO., LTD.
Food & Tobacco British American Tob, Co., Ltd
Lid-02 Co. Imperial Tobacco
Miscellaneous Boardman Martien Ltd. Britin Oxygen Lid. Dri-3h 3d. Canadian Paciße Rly-#42% De La Rue Co, OrdTEN. Dunlop Rubber C-29 71. Can Holding Ltd-2 4īgu. Bengkung & China dos-154. Imperial Chemical- . Lina & Co-841 +0. Untiever Lid-154 D),
l'aper
Radio and
Det. Dec. Jun Mar.
Estate erept this Sept
Thick Seat, w AMSTERDAM
Clusing prices all in guilders
COTTON
NEW YORK
Total SSN: 74. contracts,
Open Interest: 3325 contracts.
METALS
ליות
50.03
20.45
good average gains
New York, Aug. 31.
Stocks worked their way to a virtual standoff today. Prices ware at or slightly above their highs at the finish with electronics scoring the batter gains on average, followed by motors, oils and drugs.
Amerkan Telephone touched a now tgh with a gain of around two polnia during the final hour.
Conoptometer
and Telauto- late eregh, suspended since morning because of an inability to match buy orders, resumed trading just before the closing, bell. Complometer traded on ü 34,600-share koek at $30 up $0 and the latter on a 'transfer of 30,000 stares at (34% up
Strength in some of the offler intchine stocks was linked to the
over furore whipped up. Comptometer-Telautograph
the
the
Buying Alteredi back into steels with Youngstown and Lukene ahead around a half U.S. Steel was still off but above Its Row for the day. Today's
volume was 3,130,000 shares.
First Not City Bank Ford Motor ..... Georgia Pacific General Dynamics
General Electric General Fuoda
General Motore
Gen. Puts. U
Type & Rubber Gelly Glidden Co.
Goodrichs (1. F.) cu. Goodyear Tyre Gruinman Arerafi Gulf Oil .....
Haimond Orgas
Hi Walkri
Homestake Mintog Co.
Human Refrig.
Idaho Power
Imperial O
Imperial Talareu
The roll-hand Ikind steel Co. Thterchemical Corp. Int'l Business Machines Int'l Harvester .... International Nickel International Paper. | inti Tel & Tel
Johns Manville Co,
Halber Industries
Kansas C. Power & Light,
17 | Dmon Pacille Ballway
41
Union Aireratt
2 to Trul
By | Tuind das Corp.
8214) US. Fol "0"
U.S. Mypaun
43) 9. Le Co.
264 U.S. Rubber $47,8. Smekklog 12
38
69
37.
US Steel.
U.S.,Steel 7 PC TF Wamer Bros, D
Waukesha Motors
Westinghouse Air Brake 20% Westinghome Electric
34
Western Union' Tel. Co. West Va. Pulp & Paper Winn-Dixie Stores
194 Wentworth (K.W.
Zenith Radio
HONGKONG
thja muining
Business dune at the Hongkong
to approximately
R038,000. Noon qulations and
the morning's transactlens:
2016-202%
2011-2016
2012032
Apr./June
2046-2872
July/Sept
General markets,
elf. basis,
4tid. 1d.
Sept Oct.
parts:
2011-2012
NEW YORK
2011-201
vice.
Nov.
2012-2014
Closing
prices, all in
cents
Cozl. Steel & Engineering Babcock Wilcox Lid-30% ), United Steel...091 kl. Vickera Ltd-33 3d.
31" 291
[XT H.;
Leal,
Bepl
10.03
Nov,
10.11
per klogram, elf. Sept.
Zine,
No. 1 rubber
2.10 buyers
Sept,
11.21
Nuv.
No. 2 rubber
2.75 buyers
No. 3 rubber
2.74 buyers
Copper.
No. 1 erepHO
5.05 noin.
Expl
- UPI.
Nov.
LONDON Closing prices, all in sterling per lung ton.
Of a total 1,203 shares traded, 500 were higher and 74 lower.
American exchange was 1,580,000 shares.
Kebnecot Copper
Kimberly Clark
0015
volume
Ligget! & Bryers Tob. Co. Ly Tullp
Lilton Ind.
STOCK EXCHANGE
Buyers
Yetlers
Lockheed Alterati
Tin.
NOO!
000
Bonds volume amounted to $3,900,000.
Loews Incogja......
2236
Lone Star Cement Co.
by
3-monik
B00%
DO!
Lowenstein Song
102%
Our Own Correspondent
Cropper,
Dow Jones Nosing averagen:
McDermott J. Hay
put
215%
22524
30 industrial
623.99
McDonnell Airerati
201
South
2351
20 rola
130 72
Merck
0731
Bowater Papes Corp Ord-049.
Zine ist half.
15 11
04.70
Meusb! Iron Corp.
043:
Associated Electrien!-g"
Closing pricus all in cents per
Sept
7112
ES stocks
207.30
Minnesota MinDig
221.
1.
ib.:
Dec.
40 bonds
A.25
Mission Devetopirent
18
Stuck Exchange
Electrical & Musical-473 04. Englisit Electric Co-a d Genera: Eleclic-JA.
shipping
Spot
Des
32.45
Lead it i
Comm. fiture price index..
143.49
Monsanto Chemical Co.
3Bt
amounted
31.01
Sept.
B52
30
Montecatini
20
31.27
Dec
5012
BGT
31.80
Closing prices
Montgomery
Ward
Motorola Inc.
74%
481
Indu-Ching
Steam Nav. Cu, del
33 3d. P&G Stenzn Navigation der orú 3% d
May
34.11.
Abitibi Pwr. & Paper
#39
National Cash Reg. "A"
SPIK Bank
, 1105 $178
Lombard
30
July
Alden Ing. Mey.
어
National Dairy Prod.
5014
Union Ina..
OL
Oct.
Algoma Steel Corp.
13
National Lead .......
A23
Dec.
NG
Stores
National Steel Corp.
Great Universal Stores "A"-50%
Mar
Allied Mms Inc.
New York Centrai
194
Mpy
All Chalmers
5:05
Noranda Mines Lt.
3915
Wheelock.
Marke +
Spencer Ltd
July
Am. Brake Shoe
401
Norfolk & Western Ry.
DEY!
Woolworth F. W. & Co-70%.
American Airline
1912
North Amer. Avinilon .....
44
HK Duck
NEW ORLEANS Closing prices all is
Am. Cable & Radio Corp.
9
Northwest Airlines (Cons...
18
Provident
..19.00 20.30
cents
American Cyangmid Co
Otis Elevators jordan
IK Hole!
Am. & Porgn. Power
73
Owen-linein Glen
06
per lb.:
Am. Gau & Electric
60
Spot
Closing rates:
Oxford Paper Co. ...
Am Hot Prod.
16516
Oct.
Candu
BALL
Pan American Airways
194
Dec.
30.52
England.
A Natural Gas
712
Mar
hongkong Tin H
May
American Smelting
Parke Davis Co.
Paramount Pictures
KK Land
140(
Yaunali
100
Pelafing Tin 1.
July
Am, Sugar Ref
281%
Pauw J. C. Co.
indi 720.
Oct.
Southern Kina Con; Lid-249 04. Union Corp-33 45d.
Dec
American Tel & Tel Americal Tob,
0445
Pent. Salt Co.
5010
Phik MorİS
Clasing rates:
301
Pitney Bowes
Mur
West Drieftateln Goldratting—82%
591
Procter & Gamble Co.
HK Trom
May
Gd.
July
Montreal
dia
taburen Plate Glas
Ex. Div.
៦៖
21.00 21.00
On
Amsterdam
3012
Publieker Dndustries
Brilist: Borneo Petroleum Syndt- cate-30% 47.
LIVERPOOL
Brussel
CoothariN
British
Pd.
Dd
Burmah Briti Petroleum Co., Lad-da per lb.
Petroletan--ix
Closing prices all in penceFrankfurt
IP 102 10 3014
31.72-11.729
1300 21.10
American Contract
Lisbon Qu Farl
Burmall-400.
Oct.
22.00
Hoyal Dutch Petroleum-12.
Dec.
22.45
Shel Transport & Trading-Jats
Mfor.
22.48
1 Vienna
3cf
May
-Router.
July
Textes
Coat &' Lik-538 116d. Cortana Lid-57 74.
Mis
Cm GoldBelds of South Africa-
0% d
Cons. Zinc Corp. Ord-77s 3d,
De Beers der 14s 30ad.
Singapore
22.500
22.35
Allied Calemicals
FOREIGN LXCHANGE
NEW YORK
1.03-3/3424
Am. Mach. & F'dry.
American Meti
New York
2.0118
2.0037
30-13 Other unchanced.
LONDON
2.03-1/16-2,51-3/16
Ampex Anaconds
1 Copper
2.72-9/10-2.72-11/18 | Armco Steel
10.00-20.0035
120.00-140.0015
Armour
Asentra Corp. Allas Cons. Mining Baldwin-Lima-Ham
Baltimore & Onio
Bank of Montreal
Stockholm Mden
Zurich
30.20.00.30
20.00-20.03 13.7796-13.779%
14.4844-14.50 17443-1744 72.52-72,85 12-11-12.11
-ÚPI,
faces textile
threat from
FROM GORDON HUNG
Reds
Bendix Aylation Corp. Benguet Cons. Betlehem Steel
Boring: Airplane Burden The
Co.
Burroughs Add Machine
British Amer. Oil
Calit. Packing Corp. Canu. Uk of Comm. Cann, Brewer
National Biscuit Co.
Pacific Ca & Zice.
Wharf Co. Waterbust
15 250 1000 m2 24.50
7.0J
7:00
100 101
40% 4032
1000 225
2000 1.00
50 47 120
1000h 405
2004beta
300 4012
Ch. Laghi
200
Pitre Cu
Radio Corporation
Radio Corp. Pref.
Raytheon
Republic Steel
Reynolds Metal
Reynoldi Tobacco ...
Becific ... 23.10 23.20
100.21.1
600 & 2140
2000 F
BO
200 Gr 21,00 ใ ง ด 25,1
PASÓ & 23.10 1800 28.10 2003:19 103
304
31%
59
Bank of Nova Scotia
Brech Life Savers
41
Bell Telephone ---
40%
Royal Bank of Cenozla
Beneficiat Finance
20
Royal Dutch...
0144
theem Mig.
Bears. Boetruck & Co.
Telephone.
30 3612
Shell O C
2311
500
284
Safeway Storer
30
491% saint Reg. Paper
GI. Coment
30%
502
Scott Paper
Schenley Inc.
Dairy Farm 28.4) 20.10
500
29,5
300
28.40
Slegter Corp.
Avelar Of
Watson Alted V.
23.00
5.80
3.85 4000 5.35
3000000
8412
Smith, Kine & French
Textile
2.20
3.40
2 Bocony Moby Du
Nanyang
101%
South Puerto Rico Sugar Southern Co. (The)
MIR
13.20 13.00
Amal.
Southern Natural Gas
Rubber
ॐ
Bouthern Railway (Com.)
431%
Sperry Hand
Standard Brenkty
Slotidard Oll of Cal.
Starsdaed 04 of Trad.
Rubber Trust
1.00
7.38 2000
-
079
Bishdard Où of NJ,
40%
Sleep Rock
304
Blecting Drug Co.
Stokely VanCamp.
43
Bore & Webitee
Campbell Soup Cu.
Canadian Pacine R.
Case J. 1.) Co.
Cat. Tractor
Celanese Corp.
| C, I. T. Financial Corp.
Chrysler Motors Ciuett Peabody... Colgate-Palmolive Co.
Carbon CV.
Russia and Red China continue to make considerable inroads on the Singa-Comercial dredit
pore textile market, successfully competing in price against other manufacturers, particularly Japan and India.
uf NOTICE is hereby given
China has become the second products
00:1on Eustomers.
local
in the fist six months of 1950.
But China sent 10.3 million sq. yd, of this type of fabric against 1.3 million sq. yd. In the first, half of last year.
Consolated Exism Continental Can
| Continental Cl cf Del.
Crane CoNS
Crown Zellerbach
Cuban Amer, Suga
For the Brst half of this year, price will no longer make the
Delaware & Hudson Co. atarceling 101
Diamond Alkal Diamond Gard supplier largest
Distillers-Sedgrams Competition from Red China sending
Dominion Stores fabrics into the State,
against is expected to grow keener, as
Dougian Alperaft MS9.6 million worth
Dow Chemical ... the million in
corres the Singapore Government re-
Despite strong Russian and Dupont de Nemours that import cently announced ponding period of 1839.
Chinese cumpeiltion, Japan. Is Exitom Air Line licences for eight types of The Russian expansion has been even more mibaiantial, Chinese texides could in futures, however, the largest tex- Eastman Kodaic
ille supplier into the Federation El Paso Natural Gas
Finance Corp. Fondly imports of her textlies for the be "freely approved."
of Malaya and Singapore. Firestone Tyre & Rubber period having increased from to $3.2 million in $739,000
Singapore textile traders say
at the credit of the, Com- that an interim dividend of pany's Reserve Fund and three dollars per share on accordingly that a special the Company's issued caplial $8.7 Capital Bonus of $2,520,- has been declared in respect the year ending 31st 000.00 be declared and of that such bonus be ap- December, 1960. plied on behalf of the per-;
Dividend warrants will be
sons who on the 15th day available for collection at the value.
of October, the holders of the 504,000 issued shares of the Com- pany in payment in full
pany,
11
The Federation Imposed import ban on July 21 (u pro- teel Malayan industry.
Red China has also trebled 1960, were registered office of the Com-] that Russian cotton fabrics are her supplies of printed syntheile
14-1-148
Voeux now the cheapest available on fabrics into Des
Singapore in the selling at 15 first half of this year from 017,- Road, Central, 1st floor, Hong the local market,
price of
000 sq. yd. to 1,7 million sq. Kong, or will be dealt with per cent below the
Japoneze quality.
yd. for 252,000 unlasued or- in accordance with standing However, they do not think dinary shares credited as
Russian cotton more instructions, on and after that fully paid bo accordingly 15th October, 1960.
fubrics will be Imported into Singapore from now onwards, allotted to much persons
because the Soviet has recently increased its export prices.
They say in view of the fact
Russian textiles
in the proportion of one Notice is also given that such ordinary share for the share register of the
Imports of Japanese printed synthetic fabrics have dropped from 32.8 million sq, yd. u 20.2 million su, yd.
Less Japanese dyed synthetle dress materials were also im- are ported into Singapore, the total
every two of the said 504,- Company will be closed from that 000 Issued shares then Monday, 3rd October, to generally inferior in quality and boing 13.9 million sq, yd, com. held by such persons Saturday, 15th October, 1960, Hmited in designs, the increased pared with 24.7 million syd, respectively, and that the both days inclusive,
sharos so allotted shall be
By Order of the Board,
treated for all purposes A
an increase of the nominal
amount of the Capital of
LAU CHAN KWOK,
Managing Director.
CHANGE OF ADDRESS
the Company held by each Hong Kong, 29th Aug, 1960. HARLEY MULLION & CO., (HONG KONG)
such shareholder and not
as income, and that such
sharos shall rank for divi-
dend as from the 1st day of January, 1961 (but not BD as to entitle them to
participate in any dividend declared in respect of the
proportionately amongst those members who would otherwise be entitled to auch fractions and in satisfaction thereof."
AND NOTICE IS ALSO year ending 31st Decem- GIVEN that the Share Rogia- ber, 1980), and that no ter of the Company will be fractional certifientos shall cloned from Monday, the 3rd Balanced, but that shares to Saturday, the 15th October, representing fractions 1000, both days inclusive. shall be allotted to a trus- By Order of the Board. tee to the nominated by
the Directors upon trust
for sale óf such äonditions
as they consider expedient,
of Directorn, LAU CİLAN KWOK,
Managing Director.
and the nut protééds of Hong Kong, 29th Aug., 1980, sale shall in distibuted M
LIMITED
announce
that as from 1st September, 1960
their offices will.be
at
608, SHELL HOUSE, QUEEN'S ROAD CENTRAL,
HONG KONG.
Telephone numbers remain unchanged.
CANADA'S LARGEST
LIFE ASSURAnce companY
OFFERS
£4,315
YOU
AT AGE 55
254
474 Studebaker Packard Cory),
Bunshine Mining
Bwin & Co.
Texas Co.
Textron Inc.
Thlokol Chem.
KI
3075
301%
3216
Tide Waier 'Oil
Time Inc.ww
[ET**
Tri-Cont. Warrants
Twentieth Century Tex m
12434 Union Carbide
Men, or women, under 15 by sailing weide regular monthly, half-yanriv or yearly amounts under the SUN LIFE ASSURANCE COMPANY OF CANADA plon can, for example, receive at agy öö a lump sum #4,315 DI 305
tur men or £4,042 for women or 4 privalu income for 1:50. "Tou
* year. Any accumulated dividends would be paid in are somewhat older than 45 now, the fruits of your waying would come. st, eny, 60 or 63.
£1,300 FOR YOUR PAMILY. If you do not be to continue paymanta regularly until you are 55, your family would receive 3,000. INCOME TAX #AVED. White you are saving for your later yours in Wife way, you would be entitled to the 'Bigger Besoins of rellet from any Income Tax you are now paying
SAFEGUARDS run you, Guaranteed safeguseda promised by the Company would help you to overcome any financial difficulties you might meet on the WHY.
The size of thờ cách sựm or private income depends upon your wishes And the amount you regularly set aside. Adjjainment, can be made to ault your personal requirements — länge of antian, By filling in wed sending the enquiry forra (postage & panta ik uzumenied) you can obtain full details suited to you — personsly.
You are under no obligation if you ask for information.
LOMAKERRANOVAEuro 4. M. King
SUN LIFE OF CANADA
217, Gloucester Building, Hong Kong,
I should like to know more shaut your Plan sa advertised without inestring may obligation,
NAMR
ADDRESS
¿Meų Mes, or Miss)
Veenpation
Kupas, data në Birth
Union Oil of Cat.
བྷཱུ
1000 5
2000
1000 50.00 3000 0.80
1000 7.00 2000 7.80 Talkoo Duck 57 57 200 a 67% Realty Ex.
DIV.
.... 1.725 100 5000
SIK Ca 14.30. 1459
400
100
431 Int'l Inv...
9.15
1250 @ 0.20
20 Lane Craw
200
381⁄2
2114
KK & F
14.20
18:
Gilman
1.30 1.83 2014
St Perry
41
104
10.13
Irw.
Humphrey's
X Div...
Maenu Elec. 11.70 Viuro
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